BKB NEW ISSUE / Priced & Launched CHF 120 Mio Stadt Winterthur 7 Jahre Mittwoch, 07. März 2018 - 11:46

Issuer:              City of Winterthur (WINCTY)
Issuer Rating:       CS: mid AA (st) / ZKB: AA- (st)
Size:                CHF 120m
Coupon:              0.150%
Life:                7y
Payment Date:        26.03.2018
Maturity Date:       26.03.2025
Issue Price:         100.000%
Spread/Yield         MS -9.5 / Govt + 40.4 / Yield 0.150%
Valor/ISIN           40'641'526 / CH0406415262
Lead Manager         CS, BKB (JLJB) / LUKB (CM)
Listing:             SIX
Six Date             22.03.2018
SNB repoeligibility: At the discretion of the SNB, expected yes
Documentation:       Standalone / Swiss Law
Covenants:           NP, PP, XD
Min. denomination:   CHF 5'000
Sales restrictions:  USA / US Persons, EEA, UK, ITL
Retail restrictions: EEA domiciled: Not applicable
                     Other: Subject to applicable regulations and restrictions